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M2R - Miramar Resources

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Miramar Resources has compiled a portfolio of highly prospective gold exploration projects in the Eastern Goldfields, Murchison and Gascoyne regions of Western Australia and tenure under application prospective for nickel, copper and platinum group elements (PGE's) in Western Australia’s Ashburton region.

The Company's focus after listing on the ASX will be on exploring the Gidji and Glandore projects located near a number of existing mining operations and processing plants surrounding the gold mining centre of Kalgoorlie-Boulder in Western Australia's Eastern Goldfields region.

It is anticipated that M2R will list on the ASX during October 2020.

 
Since listing in Oct 2020, Miramar has:
▪ Developed multiple new targets at Gidji
▪ Completed permitting and commenced drilling at Glandore
▪ Secured a strategic landholding in an emerging Ni-Cu-PGE province (Bangemall in the Gascoyne)

From around 50c at IPO, the SP has dropped to under 20c. Current Market Cap is about $8 million.
 
Since listing in Oct 2020, Miramar has:
▪ Developed multiple new targets at Gidji
▪ Completed permitting and commenced drilling at Glandore
▪ Secured a strategic landholding in an emerging Ni-Cu-PGE province (Bangemall in the Gascoyne)

From around 50c at IPO, the SP has dropped to under 20c. Current Market Cap is about $8 million.
Hi Dona
Is that good? Or bad?
I mean if u bought at IPO and still hold, then it might be bad,
Or
Considering what they have achieved to date, the share price might be good.
 
Hi Dona
Is that good? Or bad?
I mean if u bought at IPO and still hold, then it might be bad,
Or
Considering what they have achieved to date, the share price might be good.
Dunno. Just looking for signals.... Management is about to do some PR , so maybe there's 'momentum' a-building. But it's more important to get some substantial progress. It's a minnow hoping to make a big result.
 
Sampling was conducted at various sites across the project as part of initial reconnaissance work there, with samples from the ‘Joy Helen’ prospect pulling up grades such as 5.49% copper, 42.0% lead and 73.48 grams per tonne silver from one sample; and 5.43% copper, 36.7% lead, 36 grams per tonne silver and 0.27% zinc in another.

Company Website: https://www.miramarresources.com.au/
Projects: https://www.miramarresources.com.au/projects/

June 2024 Presentation: https://www.miramarresources.com.au/wp-content/uploads/2024/06/61212137.pdf


May 8, 2024
Wally Graham of The Resources Roadhouse and Miramar Resources (ASX: M2R) executive chairman Allan Kelly catch up at RIU Sydney Resources Roundup.


 
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